Art. 495h · Transitional arrangements for the use of the alternative internal model approach for market risk

Version in force 1 January 2025, Inserted +386 −0§

Amended by Regulation (EU) 2024/1623 32024R1623 on EUR-Lex (external, EUR-Lex) · Regulation (EU) 2024/2987 32024R2987 on EUR-Lex (external, EUR-Lex) · Regulation (EU) 2024/2795 32024R2795 on EUR-Lex (external, EUR-Lex)

Applies from: not readable (an inserted provision states its own application date only in prose) why

Explanation, written by a model and checked against the cited text

A new Article 495h has been inserted, allowing institutions to use the alternative internal model approach to calculate own funds requirements for market risk, until 1 January 2026, for trading desks that do not meet the requirements of Article 325bg, by way of derogation from Article 325az(2), point (d).

Cited: Art. 495h, v2 (external, EUR-Lex)

v1 is the previous version, v2 this one.

Article 495h
Transitional arrangements for the use of the alternative internal model approach for market risk
By way of derogation from Article 325az(2), point (d), institutions may use, until 1 January 2026, the alternative internal model approach to calculate their own funds requirements for market risk for trading desks that do not meet the requirements laid down in Article 325bg.